Precimax Engineers Limited

Manufactures and supplies galvanizing equipment, including plants, tanks, and furnaces.

1962 | Thane, Maharashtra (India) | Active
Last Updated:

Precimax Engineers Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.03 Cr
  • Company Age 62 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 Cr
  • Revenue Growth 36.51%
  • Profit Growth 77.64%
  • Ebitda 79.66%
  • Net Worth 5.99%
  • Total Assets 5.88%

About Precimax Engineers

Precimax Engineers Limited (PEL) was founded in India on 26 October 1962 and has a glorious history of 62 years and six months.Its registered office is in Thane, Maharashtra.

The Corporate was formerly known as Precimax Machine Tools Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.03 Cr.

The company currently has active open charges totaling ₹2.50 Cr.

Gul Shahani, Lalit Shahani, Poonam Shahani, and One other member serve as directors at the Company.

Company Details

  • Location Thane, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29220MH1962PLC012509

  • Company No.

    012509

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 1962

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Precimax Engineers Limited offer?

Precimax Engineers Limited offers a wide range of products and services, including Storage Tanks, Drums & Containers, Industrial Tanks, Industrial Furnaces & Ovens, Heating Furnace, Wire Drawing & Cabling Machines, Wire Drawing Machines, Calibrators & Monitoring Systems, Calibration Equipment, Heater, Thermostat & Heating Devices, Industrial Heaters.

Company report

Precimax Engineers Limited

Explore comprehensive data for Precimax Engineers Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Precimax Engineers?

Executive Team (1)

NameDesignationAppointment DateStatus
Lalit Shahani Country flag representing In Managing Director19-Feb-1993Current

Board Members (3)

NameDesignationAppointment DateStatus
Gul Shahani Country flag representing In Whole-Time Director 20-Aug-1981Current
Poonam Shahani Country flag representing In Director 01-Jul-2008Current
Malti Shahani Country flag representing In Director 21-Jan-2016Current

Financial Performance of Precimax Engineers.

Precimax Engineers Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.51% increase. The company also saw a substantial improvement in profitability, with a 77.64% increase in profit. The company's net worth moved up by a moderate rise of 5.99%.

Precimax Engineers revenue growth over time
Precimax Engineers profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
36.51%
Revenue from Operations
29.78%
Total Assets
5.88%
Profit or Loss
77.64%
Net Worth
5.99%
EBITDA
79.66%

What is the Ownership and Shareholding Structure of Precimax Engineers?

In 2022, Precimax Engineers had a promoter holding of 70.89% and a public holding of 29.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 2.39 Cr
  • Gujrat State Financial Corporation : 0.07 Cr
  • Bank Of India : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2002Bank Of Baroda₹1.20 CrOpen
12 Nov 1994Bank Of Baroda₹0.32 MOpen
05 Dec 1991Bank Of Baroda₹2.00 MOpen
08 Jun 1991Bank Of Baroda₹6.26 MOpen
04 Feb 1991Bank Of Baroda₹2.09 MOpen

How Many Employees Work at Precimax Engineers?

Precimax Engineers has a workforce of 1 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Precimax Engineers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precimax Engineers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Precimax Engineers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Precimax Engineers

Recent activity within the organization

  • Annual General Meeting

    Precimax Engineers Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Precimax Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Malti Gul Shahani was appointed as a Director was appointed as a Director on 21 Jan 2016 & has been associated with this company since 9 years 3 months .

  • Director Appointment

    Poonam Gul Shahani was appointed as a Director was appointed as a Director on 01 Jul 2008 & has been associated with this company since 16 years 10 months .

  • Charges

    A charge with Bank Of Baroda of Rs. 1.20 Cr registered on 18 Oct 2002 with Charge ID 90141062 was modified on 09 Oct 2007.

  • Charges

    A charge with Bank Of Baroda of Rs. 0.63 Cr registered on 08 Jun 1991 with Charge ID 90140580 was modified on 10 Jan 2005.

Frequently asked questions

  • What is the Incorporation or founding date of Precimax Engineers Limited?

    Precimax Engineers Limited was incorporated on 26 Oct 1962.

  • What is authorized share capital and paid-up capital of Precimax Engineers Limited?

    The authorized share capital of Precimax Engineers Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.03 Cr.

  • Who are the current board members & directors of Precimax Engineers Limited?

    Currently 4 directors are associated with Precimax Engineers Limited.

    • Gul Gianchand Shahani
    • Lalit Gul Shahani
    • Poonam Gul Shahani
    • Malti Gul Shahani

  • What is the registered address of Precimax Engineers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Precimax Engineers Limited is Plot A - 52 Midc Area, Badlapur India, Thane, Maharashtra, 421504.

  • What is the corporate identification number (CIN) and company number of Precimax Engineers Limited?

    The corporate identification number (CIN) of Precimax Engineers Limited is U29220MH1962PLC012509 and the company number is 012509 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Precimax Engineers Limited?

    The Official website of Precimax Engineers Limited is https://www.precimaxonline.com

  • What has been the recent revenue trend for Precimax Engineers Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Precimax Engineers Limited has risen by 36.51%.

  • How many employees does Precimax Engineers Limited currently have?

    As Per 2022 financial reports, 1 employees are currently employed by Precimax Engineers Limited.

  • What change has been observed in the net worth of Precimax Engineers Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Precimax Engineers Limited has experienced an upsurge of 5.99%.

  • What are the total open charges for Precimax Engineers Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Precimax Engineers Limited amount to ₹ 2.50 Cr.

  • When was the last Balance Sheet of Precimax Engineers Limited filed with the ROC?

    The most recent Balance Sheet for Precimax Engineers Limited was filed with the ROC on 31 Mar 2023.

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